GUELPH, Ontario, Jan. 5, 2012 /PRNewswire/ -- W2 Energy Inc. (OTC:WTWO) released today the following shareholder letter.
Dear Fellow Shareholders and Investment Community,
We want to start by thanking you for supporting our company and believing in our vision and technology. The best way to reciprocate our gratitude is by executing on our business plan, building our revenue base, and increasing our shareholder value.
2011 has been a very exciting year. Our team is looking forward to an exceptional 2012. We have great confidence as we move into the marketing phase of our business plan, setting ourselves apart, as one of the pioneers in profitable green energy.
Throughout 2011 we have made several announcements with regard to our progression as a company. I am pleased to state that our announcements were either fulfilled or are in the final stages of fulfillment in early 2012.
In May of 2011 we moved into what is now our permanent home at 345 Woodlawn Rd. in Guelph Ontario. After our move we purchased the property and increased our balance sheet by over one million dollars.
Over the course of the year we continued to grow our company and prepare our products for market entry. Our products have been subjected to both field testing and third party testing. As we anticipated, we are very pleased with the results. We feel that these products are solid and can perform as we had previously stated.
In 2011 we built numerous new relationships: from marketing agreements to engineering and manufacturing resources and we are excited for their potential. W2 Energy is well positioned for a prosperous year in 2012 as we embark on the marketing and revenue production stage of our business plan.
As 2012 progresses we look forward to growing our talented technical team. It is our goal to demonstrate that the technological possibilities are limited only by your imagination
Thank you for believing in us in 2011. We look forward to serving you, our loyal shareholders, in 2012.
Yours faithfully,
Michael D. McLaren
President, CEO
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
W2 Energy trades in the United States on the OTC market under the symbol "WTWO."
For further information, please contact Mike McLaren at (519) 341-4776 or go to www.w2energy.com
Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies.
Contact:
W2 Energy Inc.
519-341-4776
[email protected]
SOURCE W2 Energy Inc.
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